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>>> right now on andrea mitchell reports, senator majority leader harry reid is expected to speak at any moment now. president obama is back at the white house. his call to congressional leaders seem to have fallen on deaf ears. reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats fall. but will the speaker call his members back before time runs out? >> at the last moment is the way these things normally happen. i think that can happen again. it just depends on putting egos aside a little bit and putting the best interests of the american people first. >> plus, keeping our kids safe, is arming educators the symptom or adding to the problem. >>> and can any
reid, senate minority leader mitch mcconnell would try to hammer out a deal amongst themselves, get it passed through the chamber and send it to the house. house speaker boehner made it clear he had not move first. he wants to see the senate act. the ball is now in the senate's court for all intents and purposes. >> sam, isn't it a bit late in the day to be playing this game of chick snn. >> i don't know what constitutes late in the day at this juncture. i guess we have a few more days, a couple more hours here. i think there's a general consensus we probably will hit the cliff, but that doesn't mean they can't hurry and get something done a day after, two days after, do it retroactively. the hit that would be felt by families would be minimum in that case. a lot of negotiations. we'll see what mcconnell and reid can pick up and forge together. >> nbc news has been reporting that the president's holding firm to this position of not cutting taxes for people earning more than $250,000 a year. you've been talking to republicans all day. will republicans vote for a plan that looks like
're no longer talking about some people getting a tax increase. harry reid and john boehner for instance said -- the speaker saying the senate should take it up. harry reid is speaking on the floor. let's take a listen. >> because americans' taxes are approaching the wrong direction come the first of this year, americans will have less income than they have today. if we go over the cliff, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences where they are around the country and we're here trying to get something done. they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. if we go over the cliff, we'll be left with the knowledge that could have been about a single vote. mr. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have c
, including that man, harry reid, the majority leader of the senate. we've been getting mixed signals. the biggest signal we got was regarding the house which is coming back to -- reconvening sunday night, and that brought the market back in a big way, but now we're hearing from mitch mcconnell and let's bring in eamon javers there on capitol hill, i mean, the rumor had been, a lot of traders talking here, eamon, that maybe there's a dell brewing between the president and the senate. that doesn't sound like anything is going on right now according to rich mcconnell. >> what we got was a facebook post from scott brown who said he was come back to washington and jumping on an airplane to review some new proposal from the president that they expected to get. the whole afternoon has been spent by reporters trying -- trying to figure out what was going on. now harry vaed responding to mcconnell so let's right to it. >> he's upset because, quote, the phone never rang. he complains i've not delivered solutions to the fiscal cliff. he's in error. we all know that in july of this year we passe
to compromise and i've been met with complete intransigence. >> an aide tells nbc news senator reid believes republicans should return to negotiating table and work with democrats that avoids the fiscal cliff all together. republicans should support passing a bill that extends tax cuts for families up to $250,000 and delays the so-called sequester while we negotiate additional policies next year. but the bottom line is moving forward will require cooperation from speaker boehner and senator mechanic connell. we hope they'll return from christmas ready to coop rate. >> well, you know, senator reid can try to fill that vacuum. but he controls one-half of one of the two bodies in congress. it still boils down to this dynamic that hasn't changed now for a year and a half. the democrats, and you've got to include reid and the president, are negotiating with a side led by john boehner who, despite whatever he may want to do himself, can't bring together his own team. he's being held hostage by his own kau cuss. now, i wrote this in the book i had about the last time we went through this a year and
leader harry reid says the u.s. is probably going over the fiscal cliff. he's planning a news conference. we don't have the exact time. when it goes, we'll go there. investors getting quite nervous. obviously the dow dropping below 13,000. the first time since early december. fear index is spiking the vick. what going over the cliff will mean for you and your money. we will talk about it this hour. >>> airline stocks flying high sitting at 1 1/2 year highs. will it be smooth skies for the industry next year in 2013. phil lebeau has the report. >>> how about housing? what a story housing has been this year. a milestone. home prices on track for their first year-over-year gain since 2006. is the worst finally over? some say yes, others say no. what does michelle caruso-cabrera say. >> tyler, let's drill down to the numbers you were talking about. only four hours to go until america goes over the fiscal cliff. the dow jones industrial average down 113 points. had been down 148 points. look at that as we come on the air back above 13,000 level, not by much. the nasdaq, the biggest decline. 3
with the speaker and mix mcconnel and harry reid to see if they can avoid going off the fiscal curb on january 1st. today harry reid emphasized that there is ome one reason why they are unable to reach an agreement so far. >> this has been going on for years. they cannot cross over the threshold. people are not propose iing mak the taxes like them. john boehner could not even pass the tax proposal he passed over there. he said no, can't do that. didn't he bring it up for a vote? >> tonight, speaker boehner's office put out this statement. >> joining me now are our guests. clearly the positioning game continues. harry reid saying we did our job months ago. do you think we til would be@posturing stage at the end of that white house meeting tomorrow? >> in your introduction you made the fundamental point here which is that this agreement before the end of the year, simply cannot go forward unless john by nor is willing to let it do so with majority democrats in the house. if we go over the curve as you put it, they can vote for a large tax decrease becaused off of the new rates that would be reset. t
on the senate to broker a deal for the fiscal cliff. >> senator reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends unemployment to the 2 million americans looking for a job and lays groundwork for more economic growth and deficit reduction. >> just moments ago, senator harry reid says he's readying a bill for a vote by monday. all this follows a rare face-to-face closed door meeting at the white house today between all the key players, the president, the vice president, the treasury secretary and all four congressional leaders huddled together with just four days to go before we all go overs fiscal cliff. that meeting lasted for an hour and five minutes. on a story where every second and every maneuver counts, let's get chief to white house correspondent jessica yellin. jessica, the president says he's modestly optimist be
know washington very, very well. we've been trying to read the tea leaves today. harry reid was out with a twitter -- a tweet early on, and then they were scheduling a news conference that. got cancelled. it got moved. now suddenly we're hearing that the house is he convening. what do you make of all the tea leaves we're reading right now? >> it's extremely chaotic and reminds me of the arguments between my two young daughters as to who is going to empty the dishwasher, except there's 500 billion in negative fiscal impulse in play here. i thought lee put it very well. the issue at this point, seems to me, i mean, it ain't over till we're over, but it seems to me is this going to be a chaotic cliff dive or more of a bungee jump wherein there does seem to be the makings of a deal. as i've described on our show before, there are technical matters that actually make it easier for republicans to support a compromise deal like the president's last offer after we go over. >> wait a minute. you don't necessarily see any of the developments today as progress per se? >> no, i don't. in fact,
, was senator mitch mcconnell and here we have the majority leader in the senate, harry reid. let's listen in for a second. >> the house has reported by the press and we all know, one of the plans didn't have a name, it wasn't plan b. i don't know which plan it was because they've had a number over there. but this plan was to show the american people that the $250,000 ceiling on raising taxes wouldn't pass in the house. why didn't they have that vote? because it would have passed. they wanted to kill it. the speaker wanted to show everybody that it wouldn't pass the house. but he couldn't bring it up for vote because it wouldn't pass. republicans -- a myriad of republicans think it's the fair thing to do and of course every democrat would vote for that. the republican leader finds himself frustrated that the president has called on him to help address the fiscal cliff. he's upset because, quote, the phone never rang. he complains that i have not passed the resolution to pass the fiscal cliff but he's in error. we all know that in july of this year we passed in the senate the relief that wo
service for the late senator daniel inouye. harry reid is also at that event. will he talk to president obama? white house officials right not being fairly tight-lipped on that matter. not telling us if there are any meetings scheduled at this point in time. they, again, call this a working vacation and say that staffers are working on this behind the scenes. melissa? >> hang on just a second. let me bring in nbc news political editor diminico montenero. what do you think about the majority leader flying all the way to hawaii? >> i think they realized they have three options, small deal, a big deal or go over the cliff, and right now the most likely scenario is a small deal. something that puts us past the fiscal cliff but then brings the fiscal issues into the new year which has a lot of potholes for the president. has a lot of things to get done on his legislative agenda, so worried about how going over the cliff might impact the economy immediately. >> who is more likely to take the blame if we do go over this cliff? >> that's a lot of what we're seeing. that's why you see john boehn
are in the senate and it will be up to harry reid and mitch connell and the president to try to come to a compromise to avoid the tax hikes and spending cuts that go into effect on the first of the year. president obama had been working with house speaker john boehner and trying to get a big deal that dealt with tax reform and deficit reduction. that fell apart and talks have largely been stalled this entire time. there was a lost pressure to get something done. we have seen some of the impacts of the fiscal cliff. consumers saying they have been more cautious with their holiday spending because of the uncertainty in washington. economists warn it could get worse and the markets could be foiled if we go over the fiscal cliff. taxes will go up for the average american by about $2,000 and could put us back into a recession. >> which nobody wants to see. kristen welker in hawaii. the president is coming back, but they haven't gotten the 48 hour notice. they are very much out there in play. thank you very much for joining us. appreciate it. when the senate returns tomorrow morning, there will be a new e
, senator harry reid says he's readying a bill for a vote by monday. all this follows a rare face-to-face closed door meeting at the white house today between all the key players, the president, the vice president, the treasury secretary and all four congressional leaders huddled together with just four days to go before we all go overs fiscal cliff. that meeting lasted for an hour and five minutes. on a story where every second and every maneuver counts, let's get chief to white house correspondent jessica yellin. jessica, the president says he's modestly optimist being but each also presented a backup plan. does the president really think it will come to that? >> at this point, no, they don't, john, because the white house is hopeful that the agreement that the senators are working on can actually move forward after the meeting here. there is a modest uptick in enthusiasm about that possibility. but as forts backup plan, there's no real likelihood that would ever come to a vote because republicans would likely block it in both the senate and might -- it would likely not come to
harry reid. he gave a statement saying he expected republicans to come back after christmas before the end of the year to try again. mr. boehner gave his own statement saying maybe something could break the rules a little bit and start in the senate to fix the problem instead of starting with his side in the house. if that happens and they can put something together on the senate side that can pass the senate, and that can earn all of nancy pelosi's 193 democrats in the house, they would need, then, 25 republicans to defect and vote with all the democrats to save the country. to save us at least from a self-inflicted recession. they would need 25 republicans. among the republicans who did side with john boehner last night on one bill that he was able to pass before it all fell apart, among the republicans who were on john boehner's side last night were exactly 25 republicans who are not coming back to congress after this year, who are gone as of january and on whom the usual republican centrifugal forces do not apply. if those 25 republicans defect, then something they end up cooki
and it was no surprise that harry reid was meeting yesterday, it would be a short-term fix to prevent the fiscal cliff. the other is the grand bargain, and time is running out, it's unlikely you will get something like that, however, there's a chance that john boehner and republicans say, mr. president, the last offer that you had on the table, we agree to. and the third option is going over the fiscal cliff and as my colleague has pointed out time and time again, that seems to be the more likely option for everyone, because you end up going over and then that would allow republicans to countenance cutting taxes the way that president wants to do and that seems to be the direction we will be going. >> that third option, juftd going over the cliff, what are you hearing from the white house? is there a sense of confidence that if that were to happen that they would rebound better than republicans? >> reporter: well there's a sense in part, if you look at the polls, the majority of americans say they would blame republicans if the country were to go over the fiscal cliff. the white house feels they are i
house." >> joining me now is kasim reid of georgia, he's one of more than 750 mayors across the country who sent a heart to president obama asking him to take action since the newtown shooting program thanks for being with us. i want to start with this. your reaction to the nra and you heard of lapierre's statement to the nra. what's your thought on the plan put out there to put guns in schools. >> first, richard, thank you for having me. my reaction to the statement yesterday is that i'm disappointed, but not surprised, candidly, and i think we have to stay very focused here and not be put off by the kind of distraction that was put forth yesterday. we certainly need to have concrete plans to make sure our schools are safe, but the notion of adding more guns as a solution is wrong minded and we shouldn't be distracted by the comments yesterday. this is what i believe they were. >> how practical is the idea put forth? the department of labor saying that the average salary for a police officer is about $55,000. there's about 100,000 public schools across the country and it would mean $5
. senate majority leader harry reid, minority leader mitch mcconnell will have to work together. a lot of focus shifts to mcdonnell. he has to try to get something that will pass with republicans that they can get through the house and senate, but i think president obama certainly has a role to play. remember, he is the one who ran on the platform. >>> you heard him map out on friday. he would like a scaled-back version of the grand bargain, something to prevent taxes going up, and also lay the groundwork potentially for deficit reduction in the future. i think you will see president obama cut his vacation short, and continue to play a role in those negotiations. richard. >>> kristin, over the weekend, he attended the funeral for the late senator inouye, who he has called an inspiration to him. what did you see in that service? >> well, more than 20 members of congress attended, mostly democrats, majority leader harry reid spoke and praised senator inouye for his partisan spirit, reaching across the aisle. of course in an earlier memorial service, the president called the late senator
of incompetent this morning. >> yeah. >> senator reid used a phrase that has nothing to do with being a republican or democrat at this stage, i don't think, for a lot of people. the phrase he used is the american people don't understand blah, blah, blah what's going on. the american people i would submit don't understand how these people cannot do their jobs that they're elected to. so i'm wondering what's your take on what's going on in washington? you're sitting in washington. >> right. the at least we have bipartisan agreement it's all nuts, right? everyone agrees this is ridiculous and in spite of what they say, they've been talking about it for months and years and there was ample talk about what a framework should be through the election, which wasn't that long ago. there's plenty of debate. to tie the two stories we have been talking wiabout together, there was a colin powerful doctrine that general schwartzkopf executed so well in the first gulf war. which was have an exit strategy and using overwhelming force. this congress had an exit strategy. they had the idea of overwhelm
defense spending and blame it on the republicans. the problem is we have had harry reid and the senate democrats haven't passed a budget plan in three years and they're looking at just raising taxes. we need to seriously address the spending in this country and we haven't had that from the democrats. we have to have that for things to pass. really get this deficit under control. >> all right. so keith, that was a loud sigh that you just gave. >> you heard that? >> i think everybody at home just heard that. so you obviously do not agree with alice's assessment there. i want to show debbie wasserman-schultz's quote. no 48-notice on house votes just yet. the president has a lot to gain politically with the blame on republicans for letting all of the country go over the cliff and the fact that they seem to hold on with the death grip for millionaires in this country. >> the republicans will be blamed it seems according to the polls going over the fiscal cliff but the president is responsible and wants the deal. he's been trying to negotiate by making reasonable concessions. lowered the rev
leader senator harry reid has called on neil abercrombie to quickly appoint a successor before the end of the year. >>> ted kennedy jr., son of the late edward kennedy is considering a run for john kerry's senate seat, according to his brother former congressman patrick kennedy. "boston globe" reports that ted reached out to family members, friends and prominent democrats including john kerry about the possible run. he will likely faceoff against former senator scott brown who lost his seat to elizabeth warren in the november elections. those are your top stories. "reliable sources" at the top of the hour. now back to fareed zakaria "gps." >>> what would you dine a recession the fatd of a million jobs rested with you and just a few of us. nearly four years ago that was the question facing steve rattner a former fund on the newly formed auto task force. early 2009 the dow jones had recently had its largest single day point drop. 2.6 million jobs had been lost and banks and businesses were frequently failing. few companies were as battered as the big three automakers and in january of th
set to meet with the president, 3:00 p.m. this afternoon. senator reid has already said hopes of a deal are fading quickly. just two trading days left until the cliff. and it's not just the fiscal cliff. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the flap around privacy with users, fleeing the site. how will this impact facebook? >> as we mentioned, dennis berman, "wall street journal" market place editor is joining us here on set once again for the next hour. good to have you back, dennis. lots to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believ
Search Results 0 to 27 of about 28 (some duplicates have been removed)